FAIRFAX, Va.--(BUSINESS WIRE)--ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, was recently awarded a re-compete sale task order contract with the European Commission’s (EC) Directorate-General for Regional and Urban Policy (DG REGIO). The contract, which was awarded to Brussels-based ICF Mostra, has a value of 14.2 million euros (approximately $15 million) and a term of four years.
ICF will organise and manage events across Europe for DG REGIO including the next four editions of Open Days—one of the largest institutional events organised by the EC in Brussels, attracting 6,000 to 8,000 participants each year. Open Days was created in 2003 and gathers European Union (EU), national, regional and local leaders and fund managers and final beneficiaries to discuss the challenges and opportunities of mobilising EU Cohesion Policy funding for bottom-up growth projects. ICF has coordinated this key EU regional policy event for the past four years, including the most recent gathering in October 2015.
As part of its event organisation work, ICF will support a number of related activities including media relations, social media and stakeholder engagement. A forward-looking consultancy, ICF has a pan-European approach to stakeholder engagement and communications, with excellent network partners in the member states and beyond. In addition, the firm has a solid working relationship with DG REGIO and detailed knowledge of its policies and actions based on years of support for the EC organisation.
“ICF was chosen to promote the exchange of experiences and best practices on regional policy and to enhance DG REGIO's profile as a source of information,” said Tobias Schäfer, executive director for ICF Mostra. “We are committed to increasing the visibility and positive perception of EU regional policy through efficient, effective communications that are carefully targeted, deliver a strong message, have the right tone of voice and use relevant channels.”
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About ICF International
ICF International (NASDAQ:ICFI) provides professional services and technology solutions that deliver beneficial impact in areas critical to the world's future. ICF is fluent in the language of change, whether driven by markets, technology, or policy. Since 1969, we have combined a passion for our work with deep industry expertise to tackle our clients' most important challenges. We partner with clients around the globe—advising, executing, innovating—to help them define and achieve success. Our more than 5,000 employees serve government and commercial clients from more than 70 offices worldwide. ICF's website is www.icfi.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.
